Dissolved Oxygen Meter Market 2016 Overview

Publisher's research analyst predicts the global dissolved
oxygen meter market to grow at a CAGR of over 6% during the forecast period.
The major factor contributing to this growth is the rising importance of
environmental monitoring over the recent years. With the primary end-user
industries such as environmental sciences and aquaculture expected to grow
steadily over the next five years, the demand for dissolved oxygen meters is
expected to rise over the forecast period.

Recently, researchers have been experimenting
with animal-borne dissolved oxygen meters, which includes deploying animals
such as elephant seals with dissolved oxygen sensors that allow real-time
remote tracking of dissolved oxygen concentration of these water bodies with
high accuracy. Although, these experiments have not been implemented on a large
scale, the results generated from the trials conducted until 2014 have been
promising. Therefore, the implementation of animal-borne dissolved oxygen
meters is likely to gain traction in the future and simultaneously boost the
market growth.

The majority of the dissolved oxygen meters sold
in 2015 used optical sensors with over 61% of the revenue being contributed by
dissolved oxygen meters employing optical sensors. The growth of this segment
is supported by the fact that dissolved oxygen meters that employ optical
sensors are capable of producing more accurate results compared to generic
dissolved oxygen meters using electrochemical sensors.

The largest contributor to the revenue of the
global dissolved oxygen meter market in 2015 was environmental sciences,
accounting for over 33% of the overall market revenue. This is mainly due to
the growing emphasis on environmental protection and the initiatives taken by
several international bodies such as the OP Environmental Monitoring Committee
toward monitoring of water quality.

Geographical segmentation and analysis of the
dissolved oxygen meter market

- APAC- Americas- EMEA

The dissolved oxygen meter in the Americas was
the largest contributor to the revenue of the overall market in 2015,
accounting for over 36% of the overall market. However, the APAC region is
expected to grow the fastest among the three segments in the next five years
due to the high prevalence of water treatment plants and pharmaceutical
industries in this region.

Competitive landscape and key vendorsThe global dissolved oxygen meter market marks
the presence of several vendors with strong global presence. However, domestic
players hold a considerable share in their respective regions, making it
difficult for the foreign players to penetrate the market. And in countries
where there are no dominant domestic players, the market is controlled by North
American manufacturers.

The leading vendors in the market are -- Extech Instruments- Oakton- Thermo Fisher- Brands- YSI